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Cupandhandlepattern

LTC $10,000???Looking on the monthly time frame, we can see that there is a massive cup and handle forming. This is a bullish pattern! The green line on the right is the estimated target based on the height of the cup and handle pattern. We can predict that we are in a upwards channel as well, which also gives more reason for the price to go all the way up there. If the price goes to the top of the channel, then we may see $10,000 LTC . If price hits the top of the green line, then we will see about $7,000 LTC . It is best to enter now while we are at the bottom of the channel. I believe this is the low and we will be going up for the rest of 2022 and 2023. This is a massive opportunity, I will be accumulating as much LTC as I can for this trade!
POLONIEX:LTCUSDLong
by CryptoKrypto
6
$STER breaking out of its IPO base with cup and handle!* Great earnings so far * Breaking out of its IPO base with a cup and handle pattern * Sector: Technology - Software - Infrastructure * Relative Strength vs. Sector: 10.83 * Relative Strength vs. SP500: 406.08 * U/D Ratio: 1.68 * Base Depth: 48.82% * Distance from breakout buy point: 1.81% * Volume 39.73% above its 15 day average. Trade Idea: * Playing the break of the handle * You can enter now as the price is still close to the broken base * Or if you're looking for a better entry you can look for an opportunity around $27.24. * Manage risk according to your entry and tolerance
SLong
by HaseebKhan_90
1
Breakout on the MMC chart?NYSE:MMC Yesterday the price closed above resistance, making a new ATH. What are your expectations for MMC? Please leave a comment. This is what I see on the chart, please correct me if I am wrong. - We have a purple square as support, because MMC opened higher there is a small gap. - I see a Cup and Handle pattern that started on 30-12-21. Cup (30-12-21/7-4-22) Handle (8-4-22/19-4-22) - There is a big volume shelf around $171, this could also indicate possible support. - Price closed above the highs of 8-12-21 & 28-12-21 & 8-4-22. This means a new ATH, What I expect: Maybe a small rally from here, or anyway a pullback to the old resistance level ($170.00). I hope that the former resistance level becomes a new support level (Principle of Polarity), and then the price soars to new highs. This is no financial advise.
NYSE:MMCLong
by StijndeVries
$REXR breaking out of a cup and handle with Pocket Pivot!Notes: * Excellent earnings * Very strong up trend in the long term * Breaking out of a ~4 month cup and handle * Printed a pocket pivot * Good earnings report Technicals: * Sector: Real Estate - REIT - Industrial * Relative Strength vs. Sector: 1.69 * Relative Strength vs. SP500: 5.56 * U/D Ratio: 1.15 * Base Depth: 19.23% * Distance from breakout buy point: -2.13% * Volume 28.87% above its 15 day avg. Trade Idea: * You can entry now and play the pocket pivot * Or you can look for an entry around $78.7 area for a better risk/reward ratio * Manage risk accordingly
NYSE:REXRLong
by HaseebKhan_90
$GGB breaking out of a ~11month base!Notes: * Great earnings in the recent quarters * Strong up trend in the recent years * Breaking out of a ~11 month cup shaped base with higher than average volume * During the recent pull back the volume was decreasing indicating bullishness. Technicals: * Sector: Basic Materials - Steel * Relative Strength vs. Sector: 7.19 * Relative Strength vs. SP500: 13.71 * U/D Ratio: 0.8 * Base Depth: 56.93% * Distance from breakout buy point: 0.31% * Volume 14.02% above its 15 day avg. Trade Idea: * You can enter now as the price is just breaking out of the base * Manage risk accordingly
NYSE:GGBLong
by HaseebKhan_90
$PLD breaking out of a cup with handle!Notes: * Excellent earnings * Very strong up trend in the longer time frames * Breaking out of a ~5month cup with handle pattern with higher than average volume Technicals: * Sector: Real Estate - REIT - Industrial * Relative Strength vs. Sector: 2.29 * Relative Strength vs. SP500: 7.54 * U/D Ratio: 0.96 * Base Depth: 20.72% * Distance from breakout buy point: 0.3% * Volume 34.89% above its 15 day avg. Trade Idea: * You can enter now as the price is just breaking out with higher than average volume and good earnings report. * If you're looking for a slightly better entry you can wait for an opportunity around the $168 area
NYSE:PLDLong
by HaseebKhan_90
Deepak Fertilizers Analysis (A good stock to keep tracking)Hey Folks, Lets Analyze now NSE:DEEPAKFERT If we look at the fertilizers Sector they are doing very well and beating the market returns. So Investing in them can be a good opportunity. As most of fertilizers Stock are Rallying and touching All time high's. these can be good money makers or Swing Trades. Deepak fertilizers can be a good stock to invest in Reason behind the Analysis is : Stock is forming an All time high It has recently given a good candle close #Breakout with high volumes of Classic Cup & handle(A 4 year old resistance) and its hovering over the resistance making it a valid support and showing Buyers are interested in it. Volumes are also giving Spikes while rallying and dried up when it comes down. So one can start Accumulation in lower levels(Supports) or can trade Breakouts in it according to their risk Appetite. Swing traders can take the targets of classic cup & handle. or you can hold it For longer term. Your stoploss can be below of the Support levels or you can keep your SL trailing.
NSE:DEEPAKFERTLong
by Gagan_Ahuja_13
Dogecoin prepares for the big pumpThe price of dogecoin has fallen below the 200-day EMA since November 17,2021.Now the daily time frame,the Cup and Handle pattern as well as the Inverse Head and Shoulder pattern have been formed,both of which support the price increase.The GIOM model is an indicator that supports this uptrend.Based on this index,doge immediate resistance level is a weak barrier.The doge price is just a bit of a hassle just to cross the 0.15 $ to 0.20$ range.Here ,approximately 335000 addresses have bought 11,000,000,000 coins and are at a loss. Therefore,with the price entering this range,any retreat will be possible.
Long
by payamsalamir
2